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Nigeria ranks least refining OPEC member with average of 10,600 bpd...

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The Organisation of Petroleum Exporting Country, OPEC, has rated Nigeria, a leading African oil producer, as the least refining member with an average equivalent...

OPEC raises Nigeria’s oil output amid Saudi Arabia’s production cut

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Members and non-members of the Organisation of Petroleum Exporting Countries, known as OPEC+, on Sunday, agreed to cut crude oil production volumes in order...

Governor Sanwo Olu berates marketers  over fuel scarcity

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On Tuesday, Governor Babajide Sanwo-Olu of Lagos State slammed fuel marketers as taking undue advantage of Nigerians by hiking fuel prices.   Sanwo-Olu expressed his displeasure...

FG expends N13tn on subsidy, stipulates removal guidelines

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On Monday, the Federal Government said it was developing a comprehensive guide for the incoming administration of Bola Tinubu, on handling the removal of...

Oil production lower by one million barrels daily – FG

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The Federal Government announced on Wednesday that Nigeria’s oil production at the moment is lower than its technical allowable capacity by about one million...

Nigeria lost N2.3tn revenue to oil theft in 12 months —...

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Nigeria has lost an opportunity to produce and sell about 65,700,000 barrels of oil in the last one year because of issues bothering on...

FG to unveil new 13 fresh oil sector policies

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In the weeks ahead, the Federal Government will release 13 new regulations in the upstream sector of the oil and gas industry. This was made...

Price of oil soar as OPEC+ cuts production

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Brent, the global benchmark for crude oil, soared in price on Monday, following the voluntary production cuts by member nations of the Organisation of...

Nigeria generated N1.8tn from oil export in March – Report

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Nigeria’s income from crude oil export increased by N337bn in March, hitting N1.8tn.This is according to data from PUNCH. This came as the country attained...

Oil prices soar after OPEC’s surprise output cuts

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Oil prices have risen after Saudi Arabia and other OPEC+ producers announced a surprise round of output cuts, a potentially ominous sign for global...

Sustainable Agriculture as a Pillar of Climate Adaptation in Africa –...

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Evelyn Dan Epelle, San Jose, California ADIS24 - Africa stands at the forefront of climate change impacts, despite its low contribution to greenhouse gas emissions....